
Chris Graham: What is a fair minimum wage?
The federal minimum wage is $7.25 an hour. That sounds high compared to the $1.60 an hour that was the minimum wage in 1968. But that $1.60-an-hour wage in 1968 had the buying power of $10.56 an hour in 2013 dollars. So this push by fast-food workers across the country to raise attention to the wage floor is valid on that count.



